Risk-on sentiment firms up slightly after better than expected jobless claims from the US. Dollar, Yen and Swiss Franc continue to trade as the weakest ones. On the other hand, New Zealand and Australian Dollars are the strongest. But the moves in risk markets are limited so far. Investors could turn cautious quickly again and stay calm before tomorrow's non-farm payroll report. Technically, NZD/USD's break of 0.7087 resistance suggests that corrective pattern from 0.7463 could have completed with three waves down to 0.6804 already. Stronger rise would be seen back to 0.7315 resistance. Break will likely resume larger up trend from 0.5467 through 0.7463 high. We'll firstly see if NZD/USD's move could extend into next week. Secondly, we'll pay attention to whether AUD/USD would follow and break through 0.7425 resistance. In Europe, at the time of writing, FTSE is up 0.01%. DAX is up 0.15%. CAC is up 0.13%. Germany 10-year yield is down -0.0203 at -0.390, staying above -0.4 handle. Earlier in Asia, Nikkei rose 0.33%. Hong Kong HSI rose 0.24%. China Shanghai SSE rose 0.84%. Singapore Strait Times rose 0.03%. Japan 10-year JGB yield rose 0.0039 to 0.035. |